Two Popular Altcoins Announced Partnerships with Big Names!

Fireblocks, a leading platform that meets the specific needs of financial institutions in the field of BTC and altcoin storage and payment, made an announcement. The company announced that it fully supports the Tezos network, signaling an important step for the Tezos ecosystem. On the other hand, NEAR announced its partnership with ICC. Here are the two big partnership announcements of the day…

Tezos partners with Fireblocks

This expansion comes on the heels of Tezos’ “Mumbai” upgrade earlier this year, demonstrating Fireblocks’ commitment to remaining at the forefront of Blockchain technology. One of the key features of this development is that Fireblocks Wallet users will now be able to securely store Tezos-based assets. They will also gain access to a wide range of decentralized applications (DApps), further increasing the utility of their Tezos assets. Perhaps even more exciting for developers, Fireblocks will provide them with the tools they need to leverage the power of the Tezos network.

The launch of Fireblocks’ Web3 engine will enable developers to securely and efficiently build products and services on Tezos, underscoring the company’s commitment to driving innovation in the Blockchain space. One of the notable outcomes of this partnership is the potential for increased DeFi (Decentralized Finance) activities on the Tezos network. According to data aggregator DeFiLlama, Tezos has been steadily gaining ground in the DeFi arena and maintains its position as the 29th-ranked protocol with Total Value Locked (TVL) currently hovering around $49 million. In the past year, Tezos’ TVL has increased significantly by around $10 million. In 2021, Tezos’s TVL reached a significant figure of 217 million dollars.

Foundation behind altcoin NEAR partners with ICC

In another groundbreaking development in the crypto space, NEAR Foundation has cemented its status as the official Blockchain partner of the International Cricket Council (ICC), cricket’s global governing body. This strategic partnership aims to revolutionize fan engagement through the application of blockchain technology. The NEAR Foundation, the driving force behind the NEAR protocol Blockchain, a community-run cloud computing platform, has outlined its ambitious vision. Together with the ICC, they plan to create a Web 3.0 fan engagement platform that will be launched during the ICC Men’s Cricket World Cup, which is scheduled to begin in India on October 5.

The Web 3.0 fan engagement platform will be built on NEAR’s Blockchain Operating System (BOS) and will provide fans with an immersive and interactive experience. Participants will be able to make strategic choices including batting, bowling and fielding, adding a new layer of excitement to the cricket experience. The performance of fans-selected players will translate into points for the respective teams competing in the ICC Men’s Cricket World Cup, blurring the lines between virtual and real-world cricket. This collaboration between the NEAR Foundation and the ICC represents a groundbreaking step in integrating blockchain technology into the world of sports and entertainment, increasing fan engagement and interaction. It highlights the transformative potential of blockchain technology in redefining traditional industries and creating innovative experiences for enthusiasts around the world.

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